Re: (erielack) Pascack Valley / NJ&NY name change?

[Ken <lackawanna_@_iname.com>]

All,
Believe that Duryee was appointed before Banta.  Banta's name appeared on a 
passenger timetable dated April 28, 1963.


Ken B.
At 08:49 PM 12/7/01 -0500, The Jordans wrote:
>Howard-
>
>A ticket (Form 37) for the NJ & NY RR on Dec 17, 1936 has on its face
>and bears the legend, "New Jersey & New York Railroad, Independently
>Operated", but also bears an Erie logo.  Another ticket (Form 15)
>with no date bears the legend "New Jersey & New York Railroad,
>Peter Duryee, Trustee"
>
>On July 1, 1939, slightly before I was born, The NJ & NJ RR along
>with it's parent, the Erie Railroad went into the hands of a receiver
>(bankrupcy).  By the end of 1939, all activity above the Woodbine
>Yard was terminated (north, or westbound by timetable).
>
>My references all come from the book "The Pascack Valley Line" by
>Wilson E. Jones.  He never does explain who the trustee was that
>was appointed first.  Was it Banta or Duryee? And whether or not
>this was the same trustee for the Erie Railroad.
>
>-Joe Jordan
>
>At 07:51 PM 12/7/01 EST, Hhaines_@_aol.com wrote:
> >Dear Joe and List,
> >
> >One last jog of the memory:
> >When the Erie went bankrupt in 1939, it cut the NJ&NY loose "just like the
> >Susquehanna," page 29 ERIE LACKAWANNA: DEATH OF AN AMERICAN RAILROAD, by H.
> >Roger Grant, 1994.   That explains the "trustee" name on the timetables, 
> but
> >I have yet to unravel the reason Erie continued to operate the line.  Later
> >in the same book, Grant explains that the NJ&NY bonds were rolled into the
> >Erie Lackawanna Railway of 1967-1968.
> >The book does not explain the Pascack Valley name.
> >
> >H Haines
> >ELHS #1447
> >
> >

------------------------------